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The lighter side of the past month in financial law

In Slovakia, an employee may be obtained from another employer or temporary employment agency through what is called temporary assignment of employees. This is very popular, primarily due to the financial savings associated with payroll administration, and particularly the savings involved with the costs incurred in the event of a sudden drop in production. Another advantage is that job openings can be quickly filled by suitable employees. Also, in the event of a sudden drop in production the employee that was allocated can simply be returned, effectively terminating the employment relationship without the need for a notice period and without the obligation of paying severance to the employee.

Gabriela Vásquez Through Law 131(Law) of December 2013, Panama amended the arbitral process for both domestic and international commercial arbitration. The newly enacted law replaces previous regulation on the matter, developing new guidelines that respond to the increasing popularity of arbitration as a fast method for the alternative resolution of conflicts. Law 131 sets out, among other things, new terms and deadlines for all parties involved in the arbitration process (plaintiff, defendant, arbitral tribunal, judicial tribunals, and the Fourth Chamber of the Supreme Court of Justice), to act or proceed. As a prime example, the new law reduces the timeframe for the Arbitral Tribunal to issue the arbitral award which settles the dispute.

Rose Marie M King-Dominguez In a May 8 2014 opinion, the Philippines' Securities and Exchange Commission (SEC) advised that the provision of 'an online platform intended to increase the sale of a particular product' is a mass media activity. Under the Constitution, ownership and operation of mass media enterprises is wholly reserved to Filipino citizens.

The insolvency law celebrated its tenth birthday this year. Andi Kadir of Hadiputranto Hadinoto & Partners analyses how the process has changed since it was passed?

Cleary Gottlieb's Andrew Shutter and Sui-Jim Ho explain how lawyers and lawmakers are finding new ways to make debt instruments subject to majority rule

Following the release of its dual-class concept paper, Shearman & Sterling's Jayesh Wadhwani asks whether the exchange must allow these structures to remain competitive

B y the time you read this, you'll be living in a single supervisory world. On November 4 the European Central Bank (ECB), under the auspices of its Single Supervisory Mechanism (SSM) will become fully responsible for 130 eurozone banks, and some non-eurozone member states too.

The Financial Industry Regulatory Authority (Finra) announced last month that it is considering several proposals to improve transparency in the equities and fixed income market.

The definition of liquidity posited in a key piece of the post-crisis regulatory framework will not work for the swaps industry, according to the International Swaps and Derivatives Association (Isda).